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in connecticut, sandy, fiscal cliff, everything. with that in mind where do you see consumer spending, consumer discretionary spending next year? >> i think in 2013 there's always a place that excels in consumer discretionary and it's based on product, price and where they can expand in terms of channel extension. in 2013 i think we'll see names like nordstrom where they are accelerating the rate of growth. i think we'll see urban outfitters continue their turnaround, perhaps in an accelerated pace in 2013, and i think you're going to continue to see, particularly in the first half of the year, the demand for products from michael kors do well. second half of the year is a different story and perhaps the turnaround of tiffany's to be the name for the second half. >> meantime, r.j., i think you would agree retail remembers scrambling right now because consumer confidence is plunging. three reports in a row that have been pretty dismal. >> yeah, i would agree. i think we're looking for a bit of a pullback in 2013, not only due to the fiscal cliff issues that will become more aware, especially whe
think this season is so different because of superstorm sandy. so what we saw right after thanks giving is a snap back. we have seen solid demand as we get closer to christmas and new year's. there's no doubt on the back side of the events in late october with super storm. it was a slow demand period for jetblue and for the industry in the northeast. >> it has been a difficult few weeks for jet travel because of the weather. are operations back it normal at this point? have you been able to make up the lost time o or no, not yet? >> absolutely. operations are back to normal. we are operating a record level of flight activity. right in the mid 85% load factors. we have seen a nice rebound on the back side of the storm. >> what are bookings looking like going forward? how are you expecting the first half it play out? >> visibility is a little bit after question mark as we move into the future. we are cautiously optimistic. let's face it, a lot has to do with what happens in washington. decisions. it really is. it is not like we didn't see this coming. >> they had 13 months to figure out a
and this thing will start to pick up speed. fed policy is good. we've got a bump from sandy. so if we could just fix that up, i think we'll be okay. >> what do you think is the market reaction if we come, you know, in on monday, and there's some sort of a mini deal? what does that do to us? >> listen, i think we'll be okay here. the first and second quarter of next year are going to be okay, cliff or not. they're going to get something together. it may be sort of a sloppy deal, just, you know, a small deal, that lead us into more negotiations -- >> but is the event a mini deal or is the mini deal a grand bargain? >> they'll come up with a mini deal. it's taken them this long to get here. how can we anticipate they'll get significant done. they'll get some sort of stopgap measure done and we'll see a little bit of stability. stop seeing all the negativity that's surrounding us. we're dead red here. >> gordon, if you recall that 2008 period, the market was going 400, 500, 600, a 60-point drop in the heat of the crisis. why is the equity market being relatively stable to that comparison? it seems t
Search Results 0 to 2 of about 3